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Abstract
India, with its large consumer market and economic policies – promoting the development of manufacturing sectors looks forward in rapid infrastructure growth, improving business climate, along with a rich vein of product availability for global sourcing businesses – makes it an increasingly viable choice for manufacturingsectors to come in existences. Increasing limits of tax effects of appeals by revenue is a good decision to achieve economic growth of the country, but it effects the leading sectors in their operations .since there are lot of changes made in tax paying and their slab rates the operations may be expected low. In this paper we have discussed the tax and their effects which are going to occur in 2020 and the economic contribution of the leading companies of India growth. We have chosen Ashok Leylandand Tata motors who are competitors in manufacturing sector. The estimation in tax payment as on 2019 is made on the basis of their annual reports ,the changes occurring in 2020 in tax rates are taken into consideration and an estimation is made on their tax payments, and their sustainability in the economy .